Copyright \u00a9 HT Digital Streams Limited All rights reserved. Ankush Bajaj 6 min read 22 Dec 2025, 06:00 IST Ankush Bajaj recommends three stocks for 22 Dec. Summary Market expert Ankush Bajaj recommends three stocks to buy on December 22. Discover his exclusive picks and analysis to inform your investment strategy. Stock Market Summary: Indian stock market saw solid buying interest on Friday, December 19, even as the Bank of Japan (BoJ) raised interest rates and signaled that there could be more hikes in the near future. The Sensex jumped nearly 600 points to an intraday high of 85,067, while the Nifty 50 reclaimed 25,993 on the upside. Finally, the Sensex closed 448 points, or 0.53%, higher at 84,929.36, while the Nifty 50 closed at 25,966.40, up 151 points or 0.58%. Gains were broad-based as the BSE Midcap and Smallcap indices rose more than a percent each. The BSE Midcap index gained 1.26% while the Smallcap index gained 1.25%. Top three stock picks by Ankush Bajaj for December 22 Buy: Infosys Ltd. Why it is recommended: Infosys is showing strong bullish momentum with a well-defined trend on the daily chart. The RSI at 79 highlights strong buying power and continued upward momentum, while the MACD at +25 confirms a strong positive crossover, indicating the continuation of the ongoing uptrend. The ADX at 30 reflects a well-established and strengthening trend, suggesting that the stock remains in a high-momentum phase. Price action remains supportive above key short-term levels, reinforcing bullish sentiment. Key metrics: RSI (14-day): 79 \u2014 strong bullish momentum MACD (12.26): +25 \u2014 strong positive crossover ADX (14): 30 \u2014 strong and established trend Technical View: As long as Infosys holds above \u20b91,625, the bullish structure remains intact, with room for a further move to \u20b91.6. Risk Factors: Short-term overbought conditions, global IT spending trends and volatility in currency movements. Buy at: \u20b91,638.70 Target price: \u20b91,665 Stop loss: \u20b91,625 Buy: Tata Consultancy Services (TCS) Why it is recommended: TCS continues to trade with a strong bullish bias, supported by robust trend indicators. The daily RSI at 68 indicates healthy upside momentum without entering extreme overbought territory. The MACD at +41 indicates a powerful positive crossover, reinforcing the strength of the ongoing rally. The ADX at 33 confirms a strong and mature trend, indicating continued institutional participation. Price action above key support levels keeps the outlook constructive. Key Metrics: RSI (14-day): 68 \u2014 healthy bullish momentum MACD (12.26): +41 \u2014 strong positive crossover ADX (14): 33 \u2014 strong trend strength Technical View: Sustainment above \u20b93,266 will keep momentum positive, with upside potential to \u20b93,315 in the near term. Risk Factors: Global technology sentiment, client spending cycles and broader market volatility. Buy at: \u20b93,282 Target price: \u20b93,315 Stop loss: \u20b93,266 Buy: Bharat Electronics Ltd (BEL) Why it is recommended: BEL is currently in a consolidation phase, but signs of a developing trend are emerging. The daily RSI at 43 indicates neutral momentum, suggesting limited downside at current levels. While the MACD remains slightly negative at -7, it is flattening, pointing to a possible bullish reversal. The ADX at 31 reflects strong trend strength, implying that a directional move may emerge once momentum improves. Key Indicators: RSI (14-day): 43 – neutral, base building phase MACD (12.26): -7 – negative but stabilizing ADX (14): 31 – strong trend potential Technical View: A sustained move above the stop loss level will support a recovery, with upside potential towards \u20b9403 once momentum turns positive. Risk Factors: Slowdown in order inflows, execution timelines and broader PSU sector sentiment. Buy at: Current Market Levels Target Price: \u20b9403 Stop Loss: \u20b9387 Market Cover | December 19 On Friday, December 19, the Indian stock market rebounded strongly with benchmark indices ending the session significantly higher. The Nifty 50 climbed 150.85 points or 0.58% to close at 25,966.40, while the Sensex jumped 447.55 points or 0.53% to settle at 84,929.36, snapping a four-day losing streak and reflecting broad-based buying interest. Bank stocks recovered from previous weakness, with the Bank Nifty also advancing in line with the positive market momentum, indicating a modest stabilization in the financial space following recent consolidation. (Sector index data pointed broadly higher on the day). Sectoral action was broadly positive as investors took part in a broad rally spurred by supportive global cues. IT and financial stocks led the advance, while other cyclical segments also participated in the upward movement. Exact sector movements (eg Realty, Metals, Energy, Auto, PSE) showed mixed strength, with several indices ending in the green, highlighting a more constructive breadth compared to the previous session. Top performers: Shriram Finance outperformed the broader market, rising 3.71%, while Bharat Electronics (BEL) followed with a solid gain of 2.45%. Power Grid continued its steady upward movement, advancing 2.13%, while Tata Motors added 1.98%. Eicher Motors ended the session higher by 1.55%, rounding off the list of top gainers. Worst Performers: On the downside, HCL Technologies led the losses, falling 1.14%. Hindalco Industries fell 0.55%, while Kotak Mahindra Bank fell 0.24% lower. JSW Steel also fell 0.24%, and ICICI Bank ended marginally lower, down 0.20%. View Full Image (TradingView) Nifty closed at 25,966.40, gaining 150.85 points or 0.58%, reflecting a steady recovery after recent consolidation. On the daily time frame, the index is trading above its 40 DEMA at 25.839 and key trend averages such as the 20 HMA at 25.903 and 40 HEMA at 25.867, indicating an improvement in the underlying strength. However, it remains slightly below the 20 DMA placed at 25,993, suggesting the presence of immediate resistance near the 26,000 zone. The daily RSI at 52 indicates a neutral-to-positive momentum, showing room for further upside without overbought conditions, while the daily MACD at 13, which remains in positive territory, supports the continuation of the current uptrend. View Full Image (TradingView) On the hourly chart, momentum appears to be stronger as Nifty continues to trade comfortably above its short-term averages. The hourly RSI at 59 reflects healthy bullish momentum, and the hourly MACD at 17 further confirms strong intraday strength, indicating buyers remain in control on dips. As long as the index holds above the 25,900\u201325,920 support zone, the short-term structure is likely to remain positive. From the derivative perspective, the options data clearly supports a bullish bias. Total Put Open Interest at 16.60 crore remains higher than Call Open Interest at 15.08 crore, resulting in a PCR of 1.13, reflecting stronger put writing and confidence in downside support. The change in open interest further reinforces the bullish view, with Put OI addition of 5.59 crore and a reduction in Call OI by 1.19 crore, resulting in a positive PE\u2013CE OI change differential of 6.77 crore. The 25,900 strike has emerged as a strong support zone with maximum put OI and OI addition, while 26,000 remains the immediate resistance based on maximum call OI, followed by 26,200 where new call script is visible. The relatively low India VIX at 6.94 indicates a stable market environment with limited short-term volatility. Overall, the technical structure across daily and hourly charts, combined with supportive options data, suggests a mild-to-positive bullish outlook for Nifty. The index is likely to maintain a buy-on-dip approach as long as it maintains above 25,900, while a decisive breakout above 26,000 could pave the way for further gains in the coming sessions. Ankush Bajaj is a Sebi Registered Research Analyst. Its registration number is INH000010441. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provides any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. It does not represent the views of Munt. We advise investors to check with certified experts before making any investment decisions. Get all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download the Mint News app to get daily market updates. more topics #Nifty 50 #banknifty #sensex #Coforge Ltd #stocks to buy #stock recommendations Read next story<\/p>\n","protected":false},"excerpt":{"rendered":"
Copyright \u00a9 HT Digital Streams Limited All rights reserved. Ankush Bajaj 6 min read 22 Dec 2025, 06:00 IST Ankush Bajaj recommends three stocks for 22 Dec. Summary Market expert Ankush Bajaj recommends three stocks to buy on December 22. Discover his exclusive picks and analysis to inform your investment strategy. Stock Market Summary: Indian<\/p>\n","protected":false},"author":1,"featured_media":349732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-359243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/359243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/comments?post=359243"}],"version-history":[{"count":0,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/359243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media\/349732"}],"wp:attachment":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media?parent=359243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/categories?post=359243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/tags?post=359243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}